Early Closure

Trade in any market condition

One of the reasons that 24option has climbed to the top of the binary options industry is because we give our traders a chance to trade in any condition – even when the market turns against you. 24option’s early closure tool is a built-in trading tactic that allows you to make the most of any trade, no matter which way the market moves.

Early Closure – What is it?

Early closure allows a trader to exit an option before the expiry time for a percentage of the return. For example, if an investment is going your way but you’re unsure if that trend will continue, you can use the early closure option to close the option before the expiry time and receive a percentage of your return, starting at 10% instead of 70%, depending on the market.

This example also works in the reverse. Imagine the market suddenly turns on your investment and instead of being a successful it looks like your investment will close out of the money. Using early closure you can close out of the investment and receive a percentage of your original investment.

How do I use Early Closure?

Early closure is easy to use and is located in the center of the trading screen. There are certain times in the life of the trade that early closure is available. Early closure is only available three minutes after you have purchased the option and will be available until five minutes before your option’s expiry time.

To use the early closure option click on the “close” button located underneath the Market Price and Target price fields in the option that you have purchased. The number above the button is the current price at which 24option is willing to close the option early. Just click the button and that’s it! It’s simple, quick, and another tool that 24option offers for exciting binary options trading.

Technical details

Terminology

The following terms are used by 24option to calculate values for closing positions prior to the scheduled expiry time:

Market Price: The last known market price as calculated from Bid, Ask and Last Trade prices quoted by Data Provider.

Time to Expiration: The time left until the position reaches the scheduled expiry time.

In the Money: See the “In the Money” section below.

Out of the Money: See the “Out of the Money” section below.

In the Money Close Value Calculations

Increase in close value

The following parameters will always increase the early close value for positions currently “In the Money:”

Instrument

Type of Option

Parameter

Change

All

All

Time to Expiry

Shortens

High/Low

High

Market Price

Increases

High/Low

Low

Market Price

Decreases

Decrease in close value

The following parameters will always decrease the early close value for positions currently “In the Money:”

Instrument

Type of Option

Parameter

Change

High/Low

High

Market Price

Decreases

High/Low

Low

Market Price

Increases

Out of the Money Close Value Calculations

Increase in Close Value

The following parameters will always increase the early close value for positions currently “Out of the Money:”

Instrument

Type of Option

Parameter

Change

High/Low

High

Market Price

Increases

High/Low

Low

Market Price

Decreases

Increase in close Value

The following parameters will always decrease the early close value for positions currently “Out of the Money:”

Instrument

Type of Option

Parameter

Change

High/Low

High

Market Price

Decreases

High/Low

Low

Market Price

Increases

Availability

Not all binary options have the correct parameters for early closure; therefore early closure is only available on certain types of optio

Early closure is only available for High/Low positions, but is restricted during certain time frames of the options’ duration.

High/Low Options

Forex Pairs

Minutes after execution during which early closure is not available.

Minutes before expiration during which early closure is not available.

IntraDay

2 minutes

5 minutes*

Overnight (Options that expire between 21:15 and 23:55 GMT)

2 minutes

15 minutes

End of Day

2 minutes

35 minutes**

End of Week

Not available

Not available

Commodities

Minutes after execution during which early closure is not available.

Minutes before expiration during which early closure is not available.

IntraDay

2 minutes***

5 minutes*4

End of Day

2 minutes

7 minutes*5

End of Week

Not available

Not available

Stocks

Minutes after execution during which early closure is not available.

Minutes before expiration during which early closure is not available.

IntraDay

Not available

Not available

End of Day

Not available

Not available

End of Week

Not available

Not available

Indices

Minutes after execution during which early closure is not available.

Minutes before expiration during which early closure is not available.

The liquidity provider reserves the right to suspend early closures at its own discretion.

Orders for early closure might be rejected if the price has changed significantly prior to the execution (rapid price fluctuations).

Risk Warning

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Trading in Binary Options, Forex/CFD carry a high level of risk to your capital due to the volatility of the underlying market. These products may not be suitable for all investors. Therefore, you should ensure that you understand the risks and seek advice from an independent and suitably licensed financial advisor. CFDs and other speculative products are not appropriate for all retail clients.

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COMPANY INFORMATION: This website is operated by Rodeler Limited (www.24option.com/eu) a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 207/13.

Rodeler Limited and Richfield Capital Limited belong to the same Group of Companies and share the 24Option brand. Richfield Capital Limited (www.24option.com/international) is regulated by the International Financial Services Commission of Belize with license number IFSC/60/440/TS/17.

RISK WARNING: Binary Options and Contracts for Difference (‘CFDs’) are complex financial products, the trading of which involves significant risks. Binary Options trading may result in the loss of your investment whilst CFDs trading, which are marginal products, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. Traders of Binary Options and CFDs do not own, or have any rights to, the underlying assets. Trading Binary Options and/or CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Rodeler Limited does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Rodeler Limited is not a financial adviser and all services are provided on an execution only basis. Please read our Risk Disclosure Notice and Legal Documents before using our services.

REGIONAL RESTRICTIONS: 24option brand does not offer services to residents of certain jurisdictions such as the USA, British Columbia, Canada, Australia, Belgium, France and some other regions. Find out more here.

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Like all investment opportunities, trading Forex and CFD involves risk of loss but with access to support, an education center and risk-management tools, you can increase your odds of success and open a trade with just $24!